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India home to 70 billionaires; Mukesh Ambani is the richest Indian

Mukesh-Ambani

NEW DELHI: India is home to the fifth largest group of billionaires in the world and Mukesh Ambani, chairman ofReliance Industries, is the country’s richest man with a personal fortune of $18 billion, says a report. According China-based research firm ...

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JLR to invest 100 million pounds in Saudi Arabia for new plant

Jaguar-Land-Rover

LONDON: Tata Motors-owned Jaguar Land Rover (JLR) is planning to invest 100 million pounds into a new factory inSaudi Arabia to make 100,000 cars a year to meet the booming demand in the Middle East region. The UK-based luxury car maker ...

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Delhi hotels are amongst the worst in the world: Online survey

delhi-hotels

MUMBAI: Hotels in Delhi are considered as one of the worst in the world as per the trivago Reputation Ranking of 100 destinations which places them in the 90th position, while those in Mumbai have fared better. The ranking is based on ...

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Global banks may’ve been manipulating gold yardstick

gold

The London gold fix, the benchmark used by miners, jewellers and central banks to value the metal, may have been manipulated for a decade by the banks setting it, researchers say. Unusual trading patterns around 3pm in London, when the ...

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Samsung Galaxy S4 price drops to Rs 30,000

Samsung-Galaxy-S4

NEW DELHI: In less than a week of Samsungunveiling its flagship smartphone Galaxy S5, the price of its predecessor Galaxy S4 has dropped nearly Rs 10,000, and it is now selling for about Rs 30,000 online in India. The device was ...

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India to block US trade probes, ready for fight at WTO

wto

NEW DELHI: India has decided to block investigations by the United States into its trade policies and patent laws, and prepare for a battle at the World Trade Organization (WTO), a move that could escalate already-strained tension between the two ...

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